ICICI Pru Contra Fund - Direct (IDCW)

ICICI Prudential Mutual FundEquity

Investment Objective

To generate long-term capital appreciation by investing in Equity & Equity related instruments following contrarian investment strategy. However, there can be no assurance or guarantee that the investment objective of the Scheme will be achieved.

NFO Details

Launch Date

28 Sept 2026

Close Date

12 Oct 2026

NFO Status

Upcoming

Offer Price

₹10

Min Investment

₹1,000

Issue Size

₹0.00 Cr

Fund Category

Equity

Scheme Category

Contra Fund

Scheme Type

active fund

Scheme Structure

Benchmark

Nifty 500 TRI

ISIN

—

Exit Load

1%Of the applicable NAV If the amount sought to be redeemed or switched out within 1 month from allotment
NilIf the amount sought to be redeemed after 1 month

Fund	AMC	NAV	AUM	Expense Ratio	1Y	3Y	5Y
SBI Contra Fund - Direct (G)	SBI Mutual Fund	₹406.04	₹47,589.39 Cr	0.86%	-2.59%	10.82%	14.50%
Invesco India Contra Fund...	Invesco Mutual Fund	₹156.39	₹20,643.56 Cr	0.77%	-1.32%	14.16%	12.65%
Kotak Contra Fund - Direc...	Kotak Mahindra Mutual Fund	₹178.98	₹5,510.93 Cr	0.79%	0.19%	14.97%	13.80%
Bandhan Contra Fund - Dir...	Bandhan Mutual Fund	₹9.76	₹1,713.01 Cr	—	—	—	—
Motilal Oswal Contra Fund...	Motilal Oswal Mutual Fund	₹10.58	₹445.64 Cr	2.34%	—	—	—

Fund	Watchlist	AMC	NAV	AUM	Expense Ratio	1Y	3Y	5Y
‌	‌	‌	‌	‌	‌	‌	‌	‌

NFO	AMC	Category	Launch Date	Close Date	Offer Price	Min Investment	Status
ICICI Pru Contra Fund - D...	ICICI Prudential Mutual Fund	Contra Fund	28 Sept 2026	12 Oct 2026	₹10	₹1,000	Upcoming
Bank of India Value Fund ...	Bank of India Mutual Fund	Value Fund	28 Aug 2026	11 Sept 2026	₹10	₹5,000	Closed
Motilal Oswal Quality Fun...	Motilal Oswal Mutual Fund	Thematic Fund	28 Aug 2026	11 Sept 2026	₹10	₹500	Closed
The Wealth Company Multi ...	The Wealth Company Mutual Fund	Multi Cap Fund	27 Aug 2026	10 Sept 2026	₹10	₹1,000	Closed
Quantum Flexi Cap Fund - ...	Quantum Mutual Fund	Flexi Cap Fund	21 Aug 2026	04 Sept 2026	₹10	₹500	Closed
Bandhan Contra Fund - Dir...	Bandhan Mutual Fund	Contra Fund	10 Aug 2026	24 Aug 2026	₹10	₹1,000	Closed

NFO	AMC	Category	Launch Date	Close Date	Offer Price	Min Investment	Status
‌	‌	‌	‌	‌	‌	‌	‌
‌

ICICI Prudential Mutual Fund

Fund Type: Joint Venture Indian
Date of Incorporation: 22 Jun 1993
Total AUM: ₹11,76,217.65 Cr
Open Schemes: 149
Closed Schemes: 3

Fund BenchmarkNifty 500 TRI

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Fund Type: ‌
Date of Incorporation: ‌
Total AUM: ‌
Open Schemes: ‌
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Fund Benchmark‌

Address: One BKC, A-Wing, 13th Floor,Bandra Kurla Complex,Mumbai 400051
Phone: 022 26525000
Launch Date: 28 Sept 2026
E-mail: enquiry@icicipruamc.com
Website: www.icicipruamc.com

Address: ‌
Phone: ‌
Launch Date: ‌
E-mail: ‌
Website: ‌

Frequently Asked Questions

ICICI Pru Contra Fund - Direct (IDCW) is a new fund offer from ICICI Prudential Mutual Fund. To generate long-term capital appreciation by investing in Equity & Equity related instruments following contrarian investment strategy. However, there can be no assurance or guarantee that the investment objective of the Scheme will be achieved.

The ICICI Pru Contra Fund - Direct (IDCW) NFO opens on 28 Sept 2026 and closes on 12 Oct 2026. Units can be purchased at the offer price only during this period.

The ICICI Pru Contra Fund - Direct (IDCW) NFO is currently Upcoming. Once the offer period ends, the scheme reopens for continuous purchase and redemption at the prevailing NAV.

Units of ICICI Pru Contra Fund - Direct (IDCW) are offered at ₹10 during the NFO period. After the scheme reopens, units are bought and sold at the applicable NAV instead.

The minimum investment amount for the ICICI Pru Contra Fund - Direct (IDCW) NFO is ₹1,000.

The issue size of the ICICI Pru Contra Fund - Direct (IDCW) NFO is ₹0.00 Cr.

ICICI Pru Contra Fund - Direct (IDCW) is a Equity scheme in the Contra Fund category. The category determines where the scheme invests and the risk it carries.

ICICI Pru Contra Fund - Direct (IDCW) is benchmarked against the Nifty 500 TRI. The benchmark is the index against which the scheme's performance is measured.

The exit load applicable on ICICI Pru Contra Fund - Direct (IDCW) is 1% of the applicable NAV If the amount sought to be redeemed or switched out within 1 month from allotment. NIL - If the amount sought to be redeemed after 1 month..

An NFO has no past performance record, so investors generally review the scheme's investment objective, category, benchmark, exit load and the track record of the fund house before investing. Comparing the NFO with established funds in the same category also helps set expectations.